With primary hydrocarbon prices stable and demand growth for petrochemicals slackening, buyers report they were in control of trading this week. Spot naphtha was said to be lower by $20 in northwest Europe, which helped buyers push spot ethylene down €20/m.t. ($27). One of the few gainers for the week was spot butadiene, which had been becalmed for a long time after the contact price collapsed over recent months. Sellers say the lowest offers were tightened by $20/m.t., signaling a stabilization of the...
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